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On Monday Scuderia Toro Rosso announced that Max Verstappen will drive for the team in the 2015 Formula 1 season which will make him the youngest competitor in F1 history. Verstappen does not turn 17 until September 30th.

Max Verstappen is currently second in the FIA Formula 3 European Championship standings after 27 of 33 races driving for Van Armersfoort Racing. He trails Esteban Ocon by 77 points. Six of Verstappen's eight wins came consecutively when he swept all three races at Spa-Francorchamps and Norisring back in June. The season concludes with three races each in October at Imola and Hockenheim. Red Bull Racing also confirmed that the Dutch driver will compete in the prestigious Macau Grand Prix in November.

"We consider Max to be as one of the most skilled young drivers of the new generation," said STR team boss Franz Tost. "And we believe he has the necessary maturity and mental strength to take on this challenge successfully. This year he has already demonstrated how well he can cope under difficult conditions."

Jean-Eric Vergne is currently in his third season with Toro Rosso and has scored 40 points in 50 races to date. This season Vergne has scored 11 points in 11 races. When his Toro Rosso teammate Daniel Ricciardo was named the driver at Red Bull Racing this season it was expected that Vergne's time with STR and Red Bull would be coming to an end soon.

"I would also like to thank Jean-Eric Vergne for all his hard work," Tost said. "He has produced strong performances, but unfortunately he was also hindered by some reliability problems, especially in the first half of the current season. We hope that we have resolved these problems and that he will be able to end the second half of this season on a high note and thereby show that he still deserves another opportunity in Formula 1.”

Kvyat, who is 20, will now be the elder statesman of the team. Currently through 11 races in his rookie season Kvyat has scored six championship points with a best finish of ninth at the Australian Grand Prix and British Grand Prix.

After a summer hiatus the 2014 Formula 1 season is about to get back to action with the Belgian Grand Prix this weekend at Spa Francorchamps.